Marc,
You got a good point on Apple's cost reduction, which may cut another
20M+ from the previous quarter.
If Apple could sell the same amount of units in Q2, (about 625,000),
which means if 325,000 units from G3, another 325,000 from others
in inventory or newly manufactured, then the revenue will be similar
to Q1 (1.6 billion). I don't think it's that difficult because there
are about 500,000 units (non-G3) sold in Q1. We discount the amount
to 325,000 from 500,000 units, that is about 65% of Q1 sales on
non-G3 models.
In Q1, $47M net was out of 1.6 billion revenue, it is conservative to say at least similar net as well as revenue will be generated without
counting savings from cutting costs you mentioned.
Phil |
